Types of Business Activity

It produces a finished product.

It provides a service for which it charges a fee. (correct)

It buys and sells raw materials.

It sells goods to wholesalers.

To provide a service to customers.

To sell goods directly to the consumer.

To manufacture goods from raw materials.

To buy in bulk from manufacturers and sell to retailers. (correct)

Selling price

Cost price

Fee income (correct)

Mark-up

<p>To transform raw materials into a finished product.</p> Signup and view all the answers

<p>Selling price</p> Signup and view all the answers

<p>They buy in bulk from manufacturers.</p> Signup and view all the answers